Navigating $21K of Debt at 27 While Heading Back to Grad School

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Personal Finance with Leila - Debt Over It

Күн бұрын

Пікірлер: 42

@PersonalFinancewithLeila 3 ай бұрын

Some feedback/info I received: 1) The max an employer is allowed to pay for an employee's education tax-free is $5250/yr. Anything above that amount would be taxable. 2) There is no need to pay for braces with after-tax earned dollars. She could have her employer deduct $228/mo into her HSA and then pay for the braces from her HSA. She would save ~$45 in Federal and FICA taxes with the HSA payroll deduction. Texas has no state income tax. I'll pass this along to Ashtyn of course. Side note: I will never know EVERYTHING about finances, especially with taxes. I'm glad most people understand that. Also, if you have any feedback like this to share, please just leave a comment and/or email me. No need to use my application to submit this!

@kattttt9585 3 ай бұрын

Girl the MLM is not worth it ….

@zadira777 3 ай бұрын

someone had to say it...

@alr5286 3 ай бұрын

My heart broke when she got to the arbonne. Someone point her to Hannah Alonzo!

@stephaniel6867 3 ай бұрын

How do you know though? She didn't go into much detail and she also said she already purchases through them. I've seen quite a few people do these programs so they pay a reduced amount on their purchases.

@kattttt9585 3 ай бұрын

@@stephaniel6867 I mean she said she can work unlimited overtime hours at her job. That is probably a far simpler way to make extra money than trying to sell those products. Based on her salary, her overtime pay would be at least $30/hr. Not to mention she can probably buy similar products from a normal store & not pay the premium price.

@PersonalFinanceWithAshtyn 3 ай бұрын

Arbonne’s products have changed my life so I’ll be continuing to use them and building my Arbonne business. I’m not spending more than I am making with it and I don’t have any fees with the business side so I am all good there! 😊

@catgodfrey6451 3 ай бұрын

Seems a very doable budget & payoff time line. Please drop the MLM. If you’re using the product & charged an annual fee it’ll take lots of sales to make up for that. The overtime is so much more worth your extra energy. Good Luck & would ❤ a follow up

@Ilovetosmile2023 3 ай бұрын

Ms. Leila, more of this, please?! 🙏

@ecouch12 3 ай бұрын

She's so sweet - lots of good things going on. Sounds like she works for a great company too. Best of luck on the plan! You've got this 💛

@slwdro 3 ай бұрын

Ashtyn, You got this. I appreciate you being willing to share your story with all of us. Looking forward to seeing hit those goals and paying off that debt. You are in good hands.

@EricMoore790 3 ай бұрын

21K is a cake walk! She can pay that off!

@PersonalFinanceWithAshtyn 3 ай бұрын

Yay!!❤ so exciting!! Thank you for this opportunity!! It was so awesome! I can’t wait for the rest of the series 😊

@alwaysemilia 3 ай бұрын

Good luck!! Thanks for putting yourself out there! I listen even though I know all these things because it really helps keep me motivated, so I really appreciate it 😊

@chervs 3 ай бұрын

If my job reimbursed me 20K a year for school, i would also do grad school ! That's awesome that she is taking advantage. Good luck girl you got this. Mind over matter Looking forward to the series Leila ! 🎉

@libbysworld7649 3 ай бұрын

So excited for this new series. I've added it to my Spotify list. I'll edit this with my review, but wanted to add something to launch it out in the FinTechverse! 🙂

@deedeidra 3 ай бұрын

You got this Ashtyn! ... Well wishes on your finance journey!

@stefflores 3 ай бұрын

Yay! I've been soooo excited for this series!

@PersonalFinancewithLeila 3 ай бұрын

Thank you so much!! ❤

@user55717 3 ай бұрын

Love your positive spin on things!

@PersonalFinancewithLeila 3 ай бұрын

Thank you! I'm glad to hear that!

@cheyennemckoy2160 3 ай бұрын

I’ve been waiting for this series!! So excited. Refreshing not to hear you shout about bullshit and taquitos 🎉

@PersonalFinancewithLeila 3 ай бұрын

😂😂 thank you so much! ❤️

@Waytoobusy 3 ай бұрын

Great job!

@mtgfilipa 3 ай бұрын

Hi Leila , love the thumbnail and excited for the new podcast 🎉

@PersonalFinancewithLeila 3 ай бұрын

Thank you so much!! ❤

@nomafmaroga6827 3 ай бұрын

I'm glad another female is doing this series ❤

@brigitterolens 3 ай бұрын

OH I love this video!! Thanks for sharing!!

@PersonalFinancewithLeila 3 ай бұрын

Thank you for watching!!

@carolynbailey5238 3 ай бұрын

Great episode! You can do this, Ashtyn! We are all cheering you on!

@rachelwagnon9270 3 ай бұрын

She should add $228 to her HSA each month then spend it from the HSA on her braces. She’s spending it anyway and it will save money on taxes.

@PersonalFinancewithLeila 3 ай бұрын

This is a good idea, I'm going to pass along to her!

@rubyrocks5 3 ай бұрын

Ooh great start to the DOI podcast series! 27 is SOO young. Crush that debt and start investing ASAP and it’ll give you a huge step up for the future. The Money Guy Show says that each dollar at age 27 is worth $33.80 in retirement, so while there’s nothing wrong with all the little charges, maybe multiply those purchases by 33.80 to see if the cost is still worth it to you. I didn’t start investing until my late 30s, so it will take a LOT more work for me to reach millionaire status by 65!